# EU bans imports linked to deforestation - Everstream Analytics

> The European Parliament approved the EU Deforestation Regulation, which bans imports into member states of products linked to deforestation, covering coffee, beef, palm oil, soy, wood, cocoa and rubber. Importers must submit a due diligence statement and verifiable evidence that goods were not grown on land deforested after 2020, with enforcement left to member states.

- Date: 2023-05-18 · published 2023-05-18T12:00:00.000Z
- Category: policy · region EU · magnitude medium
- Page: https://feedsoft.ai/events/35972-eu-bans-imports-linked-to-deforestation-everstream-analytics
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

An estimated third of EU palm oil and soy imports may come from deforested land, so compliance requirements could disrupt these flows and push up sourcing costs. Tighter supply of compliant soy and palm oil could support prices for feed ingredients.

## Read by commodity

- SOY: bullish ▲
- PALMOIL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2022-09-15 | [European bill passes to ban imports of deforestation-linked commodities](https://feedsoft.ai/events/39604-european-bill-passes-to-ban-imports-of-deforestation-linked-commodities.md) | -2.8% | -7.2% |
| SOY | 2022-01-27 | [EU imposes import ban on six goods to halt “imported deforestation” - Etifor](https://feedsoft.ai/events/43170-eu-imposes-import-ban-on-six-goods-to-halt-imported-deforestation-etifor.md) | +7.3% | +15.4% |
| SOY | 2021-07-06 | [Environmental group demands tougher legislation against ‘imported deforestation’ linked to illicit soy farming \| Clean Energy Wire](https://feedsoft.ai/events/46094-environmental-group-demands-tougher-legislation-against-imported-deforestation.md) | -1.3% | -2.3% |
| SOY | 2021-07-06 | [Reports urge legislation and 100% certified procurement to combat deforestation - STTC](https://feedsoft.ai/events/46096-reports-urge-legislation-and-100-certified-procurement-to-combat-deforestation.md) | -1.3% | -2.3% |
| SOY | 2019-01-08 | [The French National Strategy to Fight Imported Deforestation: a few takeaways from the final document - SPOTT.org \| SPOTT.org](https://feedsoft.ai/events/61115-the-french-national-strategy-to-fight-imported-deforestation-a-few-takeaways.md) | -2.4% | +0.9% |
| PALMOIL | 2022-09-15 | [European bill passes to ban imports of deforestation-linked commodities](https://feedsoft.ai/events/39604-european-bill-passes-to-ban-imports-of-deforestation-linked-commodities.md) | -1.4% | -6.5% |
| PALMOIL | 2022-01-27 | [EU imposes import ban on six goods to halt “imported deforestation” - Etifor](https://feedsoft.ai/events/43170-eu-imposes-import-ban-on-six-goods-to-halt-imported-deforestation-etifor.md) | +7.1% | +12.0% |
| PALMOIL | 2024-10-02 | [EU proposes to delay landmark anti-deforestation law by 12 months](https://feedsoft.ai/events/27893-eu-proposes-to-delay-landmark-anti-deforestation-law-by-12-months.md) | +3.6% | +5.8% |

## Sources

- everstream.ai: https://www.everstream.ai/risk-centers/eu-bans-imports-linked-to-deforestation/

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.